W-2 and W-4 Update and Best Practices for 2014
Duration: 90 minutes
Speaker: Miles Hutchinson
Learn the latest updates on Form W-2 and Form W-4 wage and withholding reporting. This webinar will prepare you for the 2013 filing year, improve your employee reporting set-up and maintenance practices, and reduce your risk of complaints from the IRS. Experienced CPA and businessman Miles Hutchinson will review the current law and regulations regarding the filing of Forms W-2 and W-4 and will provide practical guidance in these areas that have become the subject of increasing IRS scrutiny.
Items to be covered in the webinar:
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Review legal and regulatory changes for the 2013 reporting year
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Extension/expiration of the lower 4.2% Social Security tax rate
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Other benefits/credits about to expire
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Retirement funding – how to report
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New forms
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Impact of the VOW to Hire Heroes Act of 2011 – taking your credits
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Reporting the cost of employer sponsored health coverage – which employers are affected, when employers must begin reporting, valuation methods, etc.
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How to handle expense reimbursements made to employees-reportable/taxable?
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How to efficiently execute an electronic W-4 program
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Verifying employee social security numbers online
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Electronic filing with the SSA using Business Services Online (BSO) – the requirements and benefits
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Transmission of employee copies of W-2’s electronically
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What your company can do to minimize resource consumption when complying with this regulatory reporting requirement
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Corrections and penalties if you make a mistake.
Logistics
- 90-minute webinar (Travel-Free) delivered over the phone and Internet.
- Unlimited listeners per connection - bring the entire department.
- Q&A session with the expert.
This event will be presented live by phone together with a PowerPoint presentation to be viewed on your computer. Internet access is not required for phone-only participants. The PowerPoint slides will be provided shortly before the event. Once you register, you will receive an email which is your receipt and which includes your instructions for dialing in and logging on. You will also receive an email reminder 24 hours before the webinar.
What is a webinar?
A webinar is a live Internet based seminar. Webinars are a way for participants in many different locations to see and hear a presentation and view PowerPoint slides. You can also have your colleagues attend the webinar using one connection.
What kind of equipment do I need?
You will need a computer with an Internet connection (high speed service such as DSL or cable works best) and a telephone.You may listen to the webinar through your computer speakers, in which case you will not need to use a telephone connection. Internet access is not required for phone-only participants, but you will not be able to see the speaker’s slides.
How can I share the webinar with my colleagues who may not be able to attend the event?
CDs of each program will be available for sale and can be shared with your business associates.
Can I get a copy of the PowerPoint slides used in the webinar?
The PowerPoint slides will be available on the materials page link in the confirmation email that will be sent to you no later than the morning of the day a webinar is presented.
How do I ask a question during the webinar? Will my question be answered during the presentation?
A question and answer session will be scheduled at the end of each webinar. You can then ask a question by typing it into the question box that will be provided to you duringthe webinar. You may also ask a question through the telephone connection. As many questions as possible will be answered during the Question and Answer period.